Under Offer! Wholesale Fresh Produce Business – Newcastle NSW

Newcastle NSW
Asking Price $6,000,000
About
Business ID: BS155154

FY2024 on track for - Income $12.9M - EBITDA $1.4M


This business is the leading fresh produce wholesaler for the Newcastle, Hunter, and North Coast regions. With over 70 years of history in the industry and a network of over 200 growers and suppliers from around Australia, this business is incredibly well-placed for continued success.

   -  Part vendor finance available to approved buyers

   -  FY2024 on track for sales in excess of $12.9M

   -  EBITDA of $1.4m

   -  HACCP Food Safety Accredited

   -  Australia-wide network of growers

   -  Extensive and diverse customer base

   -  Full administration team in place

   -  Comprehensive handover offered by owners

The owners are committed to a smooth transition of ownership and the ongoing success of this business. As such they are willing to tailor a training and handover package to suit the individual circumstances of the new owner.

This business would be equally suitable for those already in the fresh produce industry looking to expand their footprint or investors and private equity firms looking for a well-established, industry-leading, highly profitable business that still has potential for future growth.

Asking Price: The business, including all operational assets, goodwill, and intellectual property is offered for sale by expressions of interest with a price guide of $3M – $4M.

Property Code: 3600
        
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